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MethylGene Inc MYLGF



GREY:MYLGF - Post by User

Post by everswannon Feb 04, 2010 12:52pm
339 Views
Post# 16752316

The end is nearing

The end is nearing

Based on our current assumptions, the Company believes that its current cash, cash equivalents, marketable securities, interest income, projected revenues from current collaborations, projected timing of clinical trials and refundable investment tax credits will be sufficient to carry out its currently planned research and development plans and operations into the fourth quarter of 2010. In the event of a material change to our assumptions, the impact could result in an increase to the cash outflow and a shortfall into the third quarter of 2010.

We are mid-Q1,...

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